Full Transcript: NY Times' Interview With Sam Bankman-Fried.
Bankman-Fried said he did not "knowingly commingle" customer funds during the interview.
https://www.coindesk.com/business/2022/12/01/full-transcript-ny-times-interview-with-sam-bankman-fried/
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Bankman-Fried said he did not "knowingly commingle" customer funds during the interview.
https://www.coindesk.com/business/2022/12/01/full-transcript-ny-times-interview-with-sam-bankman-fried/
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CoinDesk
Full Transcript: NY Times' Interview With Sam Bankman-Fried
The New York Times’ Andrew Ross Sorkin interviewed former FTX CEO Sam Bankman-Fried on Wednesday, Nov. 30, as part of the Times’ DealBook Summit. Here is a rough transcript of that conversation.
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The Injective mainnet is now 1, completing its first full year of building out its layer 1 blockchain and the fastest growing ecosystem in crypto.
To commemorate this momentous milestone, Injective initiated the largest token burn yet, burning 5 million INJ forever ($8.5M).
https://blog.injective.com/the-largest-inj-token-burn-in-history
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To commemorate this momentous milestone, Injective initiated the largest token burn yet, burning 5 million INJ forever ($8.5M).
https://blog.injective.com/the-largest-inj-token-burn-in-history
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Injective
The Largest Injective (INJ) Token Burn in History
The Injective mainnet is now 1, completing its first full year of building out its layer 1 blockchain and the fastest growing ecosystem in crypto.
To commemorate this momentous milestone, Injective initiated the largest token burn yet, burning 5 million…
To commemorate this momentous milestone, Injective initiated the largest token burn yet, burning 5 million…
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BlackRock CEO Says ‘Next Generation for Markets’ Is Tokenization.
BlackRock joins a growing number of firms backing the tokenization of securities, despite the CEO’s wider crypto cynicism.
https://decrypt-co.cdn.ampproject.org/c/s/decrypt.co/116145/blackrock-ceo-says-next-generationmarkets-is-tokenization?amp=1
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BlackRock joins a growing number of firms backing the tokenization of securities, despite the CEO’s wider crypto cynicism.
https://decrypt-co.cdn.ampproject.org/c/s/decrypt.co/116145/blackrock-ceo-says-next-generationmarkets-is-tokenization?amp=1
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Decrypt
BlackRock CEO Says ‘Next Generation for Markets’ Is Tokenization - Decrypt
BlackRock joins a growing number of firms backing the tokenization of securities, despite the CEO’s wider crypto cynicism.
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Crypto exchange volumes exploded in November, according to The Block Research, rising a whopping 93% on decentralized venues and 24% on centralized venues.
Decentralized exchange volumes nearly doubled, jumping from $34 billion to $65 billion.
Meanwhile, CEXs like Binance and Coinbase saw total volumes rise from $543 billion to $673 billion.
The figures represent a stunning turnaround for volumes.
October saw exchange volumes hit a nearly two-year low by contrast.
If you are interested in exploring more stats, head here: https://www.theblock.co/data/crypto-markets/spot
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Decentralized exchange volumes nearly doubled, jumping from $34 billion to $65 billion.
Meanwhile, CEXs like Binance and Coinbase saw total volumes rise from $543 billion to $673 billion.
The figures represent a stunning turnaround for volumes.
October saw exchange volumes hit a nearly two-year low by contrast.
If you are interested in exploring more stats, head here: https://www.theblock.co/data/crypto-markets/spot
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The Block
Spot Archives
Track real-time charts and analytics for Bitcoin, Ethereum, and DeFi. The Block’s Crypto Data Dashboard delivers trusted insights and market trends.
Ethereum's Ropsten network has been deprecated and will be shut down in the coming weeks.
Testnets Goerli and Sepolia will live on, while another, Rinkeby, will also be sunset in the coming months.
https://blog.ethereum.org/2022/11/30/ropsten-shutdown-announcement
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Testnets Goerli and Sepolia will live on, while another, Rinkeby, will also be sunset in the coming months.
https://blog.ethereum.org/2022/11/30/ropsten-shutdown-announcement
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Ethereum Foundation Blog
Ropsten Shutdown Announcement | Ethereum Foundation Blog
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Apple wants 30% of the gas fee for NFT transactions happening through Coinbase Wallet
Should we ask Apple to create a crypto wallet and an exchange account? 😉
https://twitter.com/CoinbaseWallet/status/1598354819735031809
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Should we ask Apple to create a crypto wallet and an exchange account? 😉
https://twitter.com/CoinbaseWallet/status/1598354819735031809
📍 Follow @Coins for the hottest news in crypto.
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Someone just made 15.5M $BUSD with 10 $BNB!
(Earlier today The Ankr aBNBc contract was attacked and an additional 10 trillion aBNBc was minted. Ankr Exploiter has transferred 900 BNB into Tornado Cash.
Previously, BNB Chain launched the liquid staking function through Ankr, and users can earn interest by allocating BNB tokens to the liquid staking agreement and obtaining aBNBc. The price of aBNBc has dropped by 99.5% after exploiting.)
After Ankr Exploiter dumped aBNBc, he bought 183,885 aBNBc with just 10 $BNB($2,879).
Then deposited 183,885 aBNBc into Helio_Money as collateral and borrowed 16M $HAY. In the end, sold 16M $HAY and get 15.5M $BUSD.
Source: LookOnChain
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(Earlier today The Ankr aBNBc contract was attacked and an additional 10 trillion aBNBc was minted. Ankr Exploiter has transferred 900 BNB into Tornado Cash.
Previously, BNB Chain launched the liquid staking function through Ankr, and users can earn interest by allocating BNB tokens to the liquid staking agreement and obtaining aBNBc. The price of aBNBc has dropped by 99.5% after exploiting.)
After Ankr Exploiter dumped aBNBc, he bought 183,885 aBNBc with just 10 $BNB($2,879).
Then deposited 183,885 aBNBc into Helio_Money as collateral and borrowed 16M $HAY. In the end, sold 16M $HAY and get 15.5M $BUSD.
Source: LookOnChain
📍 Follow @Coins for the hottest news in crypto.
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India's e-commerce giant Flipkart has teamed up with Polygon to create a Center of Excellence (CoE) for web3 and metaverse commerce development in India.
https://twitter.com/0xPolygon/status/1598577101007126531
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https://twitter.com/0xPolygon/status/1598577101007126531
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Blackstone limits withdrawals at $125bn property fund as investors rush to exit due to concerns about the health of the real estate market.
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Coins ( ₿ )
Someone just made 15.5M $BUSD with 10 $BNB! (Earlier today The Ankr aBNBc contract was attacked and an additional 10 trillion aBNBc was minted. Ankr Exploiter has transferred 900 BNB into Tornado Cash. Previously, BNB Chain launched the liquid staking function…
Ankr will purchase 5m worth of BNB and use this to compensate in totality the liquidity providers.
The team at Ankr has assessed the damage and it is max 5M USD worth of BNB from the liquidity pools.
We are currently working hard to resolve this issue efficiently and we would like to propose the following to address the current situation.
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The team at Ankr has assessed the damage and it is max 5M USD worth of BNB from the liquidity pools.
We are currently working hard to resolve this issue efficiently and we would like to propose the following to address the current situation.
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Alibaba Cloud Expands to Support Validators and Infrastructure on Avalanche Public Blockchain.
The network is currently secured by more than 1,200 validators and processes on average two million transactions on a daily basis.
To celebrate this integration, Alibaba Cloud is offering Avalanche developers credit towards any of their services. Alibaba Cloud’s special promotion page for Avalanche developers is live: https://www.alibabacloud.com/campaign/avalanche-partnership.
https://www.alibabacloud.com/blog/avax-naas-node-as-a-service-on-alibaba-cloud_599481?spm=a2c65.11461471.0.0.61786551L0HJ8E
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The network is currently secured by more than 1,200 validators and processes on average two million transactions on a daily basis.
To celebrate this integration, Alibaba Cloud is offering Avalanche developers credit towards any of their services. Alibaba Cloud’s special promotion page for Avalanche developers is live: https://www.alibabacloud.com/campaign/avalanche-partnership.
https://www.alibabacloud.com/blog/avax-naas-node-as-a-service-on-alibaba-cloud_599481?spm=a2c65.11461471.0.0.61786551L0HJ8E
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AlibabaCloud
Cloudverse Webinar｜ Build Your Metaverse Spaces
Date: 14th June 2023, 10:00-11:00 (UTC+8:00)｜How to start your metaverse journey with the Cloudverse Solution
Coins ( ₿ )
Arrest warrants have been issued by South Korea for Do Kwon’s former coworkers. The authorities claim that they may have made illicit profits prior to the catastrophic collapse of the Terra ecosystem. Arrest warrants were also requested for three Terraform…
'Terra Luna Incident' Shin Hyun-seong dismisses the warrant for former CEO Chai.
Hong Jin-pyo, chief judge in charge of warrants at the Seoul Southern District Court, dismissed the arrest warrant at around 2:20 am on the same day after interrogating the suspects (warrant review) before arresting them the day before.
Judge Hong said, "Considering the attitude toward the investigation, the circumstances, process, and contents of the statement, it is difficult to see that there is a risk of destroying evidence or escaping beyond the scope of exercising the right to legitimate defense."
https://m.yna.co.kr/view/AKR20221203000700004?section=economy/all
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Hong Jin-pyo, chief judge in charge of warrants at the Seoul Southern District Court, dismissed the arrest warrant at around 2:20 am on the same day after interrogating the suspects (warrant review) before arresting them the day before.
Judge Hong said, "Considering the attitude toward the investigation, the circumstances, process, and contents of the statement, it is difficult to see that there is a risk of destroying evidence or escaping beyond the scope of exercising the right to legitimate defense."
https://m.yna.co.kr/view/AKR20221203000700004?section=economy/all
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연합뉴스
'테라·루나 사태' 신현성 전 차이대표 영장 기각 | 연합뉴스
(서울=연합뉴스) 송정은 기자 = 가상화폐 '테라·루나' 발행사 테라폼랩스를 창립한 신현성(37) 전 차이코퍼레이션 총괄대표의 구속영장이 3일 ...
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FTX Japan Says Work Underway to Allow Withdrawal of Client Funds.
Plan was approved by FTX management, shared with regulators.
FTX group may have over a million creditors around the world.
https://www.bloomberg.com/news/articles/2022-12-02/ftx-japan-says-work-underway-to-allow-withdrawal-of-client-funds
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Plan was approved by FTX management, shared with regulators.
FTX group may have over a million creditors around the world.
https://www.bloomberg.com/news/articles/2022-12-02/ftx-japan-says-work-underway-to-allow-withdrawal-of-client-funds
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Bloomberg.com
FTX Japan Says Work Underway to Allow Withdrawal of Client Funds
The Japanese subsidiary of failed crypto empire FTX said it is working to allow users in the country to withdraw their funds, paving the way for a rare case of investors getting money back from the collapsed exchange.
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Stablecoin use is climbing ever higher through the bear market. Stablecoins’ daily on-chain transfer volume is near an all-time high of $25b per day (90-day moving average). About $20b of this is sourced from USDC (on Ethereum) and Tether (Ethereum and Tron) transfers.
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📍 Follow @Coins for the hottest news in crypto.
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Russia’s largest bank Sber has announced support for Ethereum and MetaMask on its proprietary blockchain.
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📍 Follow @Coins for the hottest news in crypto.
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Someone on Twitter said this: “I don’t use a cold storage, I store it all on Binance. Because if Binance dies, crypto is dead anyway”
Do you agree? 👍/👎
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Do you agree? 👍/👎
📍 Follow @Coins for the hottest news in crypto.
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Bitcoin December returns
2017: +39% (bull market)
2018: -6%
2019: -5%
2020: +47% (bull market)
2021: -18%
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2017: +39% (bull market)
2018: -6%
2019: -5%
2020: +47% (bull market)
2021: -18%
📍 Follow @Coins for the hottest news in crypto.
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